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Home2 opens in Richmond, Indiana

It is owned by The Witness Group and managed by Hotel Equities

Home2 opens in Richmond, Indiana

The Home2 Suites by Hilton-Richmond is open in Richmond, Indiana. It is owned by The Witness Group led by Sachin Patel, Sagar Patel and Aakash Patel as principals and executive leadership team.

It is managed by Hotel Equities of Atlanta.


The 100-room extended-stay hotel is near Richmond Mall, the Indiana Football Hall of Fame, and Indiana University East. Dayton International Airport. Amenities include an indoor saline pool and electric vehicle charging stations. It is pet friendly.

“The hotel staff has prioritized the health and safety of patrons by implementing HE’s industry leading HEalth First standards of cleanliness and safety protocol as part of the early operations training,” said David Rosenberg HE’s vice president of operations. “These protocols, which are above and beyond brand standards, along with the team’s delivery of superior customer service will give guests complete confidence during their stay and will position the hotel as a leader in the Richmond market.”

In September, Columbus, Ohio-based TWG contracted with HE to manage its portfolio of more than 35 assets throughout the Midwest. The portfolio includes brands from Marriott International Hotels & Resorts, Hilton Worldwide Holdings, InterContinental Hotels Group and Hyatt Hotels Corp.

The company was formed in 2016 as a merger of Alliance Hospitality and KB Hotel Group with Ohm Patel as CEO, according to an article in Asian Hospitality at the time. KB Hotel Group was a management company while Alliance did development.

Ohm’s father Naresh Patel began Alliance in 1999. Nitin Patel is Naresh’s brother-in-law and became partner in Alliance in 2000. His son Sagar Patel is one of TWG’s founders and, along with Ohm and Sagar’s cousin Sachin and Aakash are principals.

Ohm is still a TWG board member as well as a principal at Moment Development, according to his LinkedIn page.

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  • Weaker government and international demand slowed U.S. growth.
  • Full-year U.S. RevPAR forecast lowered to -2 to -3 percent.

Choice Hotels International reported third-quarter net income of $180 million, up from $105.7 million a year earlier, driven by international business growth. Global RevPAR rose 0.2 percent year over year, with 9.5 percent growth internationally offsetting a 3.2 percent decline in U.S. RevPAR.

The U.S. decline was due to weaker government and international inbound demand, Choice said. The company lowered its full-year U.S. RevPAR forecast to -2 to -3 percent, from the previous 0 to -3 percent.

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